According to the Information Commissioner’s office, in 2015-2016, legal professionals were responsible for 1 out of every 20 data breaches in the UK
A data breach for a law firm can lead to irreparable reputational damage, not only for the firm, but also its client, which in turn could significantly reduce company value for both organisations.
As part of their codes of conduct, law firms are required to have effective systems and controls in place to identify and mitigate risks to client confidentiality.
Effective data classification helps law firms to not only protect the integrity of client data but also demonstrate best practice in data security, and document and data lifecycle management.
It’s for this very reason that data discovery and classification are making a significant resurgence.
Industry-leading document automation tools help law firms by reducing risk, protecting a client’s intellectual property and reputation, and ensuring compliance with codes of conduct and industry regulations every day.
With data now playing a pivotal role in every law firm around the world, the ability to track, classify and protect it is critical.
An effective data classification strategy should form the cornerstone of any modern security initiative, allowing firms to quickly identify the data most valuable to them and their clients, and ensure it is safe at all times.
In a nutshell, law firm data classification can help firms get started toward exercising greater control and protection over that data.
Get started today with Charta Porta, and retain the good will and trust of your clients.